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Beneficiaries’ intermediaries in the European regulation of corporate social responsibility: Exploring the Nongovernmental organization–Investor–Union nexus

Beneficiaries’ intermediaries in the European regulation of corporate social responsibility: Exploring the Nongovernmental organization–Investor–Union nexus

Monciardini, David and Conaldi, Guido ORCID: 0000-0003-3552-7307 (2019) Beneficiaries’ intermediaries in the European regulation of corporate social responsibility: Exploring the Nongovernmental organization–Investor–Union nexus. Regulation and Governance, 13 (2). pp. 240-259. ISSN 1748-5983 (Print), 1748-5991 (Online) (doi:https://doi.org/10.1111/rego.12248)

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Abstract

Intended beneficiaries have an undeniable relevance to regulation. However, current research has focused mainly on the twoparty relationship between rulemaking and rule-taking. We attempt to fill this gap by exploring the formal and informal roles that beneficiaries’ intermediaries played in co-creating European Corporate Social Responsibility (CSR) rules and associated practices between 2000 and 2017. By linking recent conceptualizations of regulatory intermediaries with the literature on critical political CSR, we offer a more dynamic and contextualized understanding of the roles of beneficiaries’ intermediaries. Specifically, we identify six micro-dynamics through which they influenced the regulatory process. Notably, our findings highlight how the convergence of interests between three groups of beneficiaries’ intermediaries – the Non-governmental organization–Investor–Union nexus – had a key role in reshaping CSR rules. We conclude that, in the European context, stronger and better-coordinated beneficiaries’ intermediaries are crucial in order to achieve more effective corporate conduct regulation.

Item Type: Article
Uncontrolled Keywords: corporate reporting, corporate social responsibility, EU regulation, regulatory intermediary, responsible investment
Faculty / Department / Research Group: Faculty of Business
Faculty of Business > Department of International Business & Economics
Faculty of Business > Networks and Urban Systems Centre (NUSC) > Centre for Business Network Analysis (CBNA)
Related URLs:
Last Modified: 31 May 2019 10:18
Selected for GREAT 2016: None
Selected for GREAT 2017: None
Selected for GREAT 2018: None
Selected for GREAT 2019: GREAT 1
URI: http://gala.gre.ac.uk/id/eprint/23099

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